Penn Entertainment completes acquisition of Barstool Sports

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The closing of the deal is the latest stage of an acquisition process that began in February 2020, when the Penn purchased a 36% stake in Barstool.

Today (February 17), Penn revealed that it has paid approximately $388m for the remaining interest in the business, having exercised its option to acquire in August 2022.

[Read full story on iGB North America]

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